Studio · 471 sqftSafeer Tower 2, Business Bay · 2nd floor · completed 2017

214, Safeer Tower 2

Sold prices and rental history: sold 3 times, last in September 2026, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 700K1 September 2026
Current rentAED 48K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Safeer Tower 2

What is 214 worth today?

Last sold for AED 700,000 in 2026

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1 Sep 2026SoldReady
AED 700,000AED 1,486 per sqft
1 Aug 2025RentedNew contract
AED 48,000/yr12 months · AED 102 per sqft
1 Aug 2021RentedRenewal
AED 36,000/yr12 months · AED 76 per sqft
1 Aug 2020RentedRenewal
AED 42,000/yr12 months · AED 89 per sqft
1 Aug 2019RentedRenewal
AED 45,000/yr12 months · AED 95 per sqft
1 Aug 2018RentedNew contract
AED 48,000/yr12 months · AED 101 per sqft
3 Jul 2018SoldReady
AED 700,000AED 1,486 per sqft
10 Aug 2015Sold by developerOff-plan
AED 739,278AED 1,587 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
471 sqft
Floor
2nd of 15
Parking
B2-55
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 7,900 /yr
Last sold
AED 700K · September 2026

About 214, Safeer Tower 2

214 is a studio of 471 sqft on the 2nd floor of Safeer Tower 2, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 1 September 2026 for AED 700,000, or AED 1,486 per sqft, in line with the AED 1,457 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 August 2025, is AED 48,000 a year: a gross yield of 6.9% on the 2026 price, before the service charge of about AED 7,900 a year.

Sales and rents for 214 over time

Sales
Unit 214, each saleTypical studio in Safeer Tower 2
600K800K2015201920232027Typical sale price by year: 2015 AED 852,327; 2016 AED 861,060; 2017 AED 801,660; 2018 AED 580,605; 2022 AED 480,000; 2023 AED 510,000; 2024 AED 642,500; 2025 AED 670,000; 2026 AED 662,700Sold by developer, August 2015: AED 739,278 (AED 1,587 per sqft)Sold, July 2018: AED 700,000 (AED 1,486 per sqft)Sold, September 2026: AED 700,000 (AED 1,486 per sqft)

214 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 214, each contractTypical studio in Safeer Tower 2
40K2018202120242027Typical rent by year: 2018 AED 48,000; 2019 AED 44,500; 2020 AED 35,000; 2021 AED 30,000; 2022 AED 36,000; 2023 AED 43,700; 2024 AED 49,500; 2025 AED 53,000; 2026 AED 50,505New contract, August 2018: AED 48,000 a yearRenewal, August 2019: AED 45,000 a yearRenewal, August 2020: AED 42,000 a yearRenewal, August 2021: AED 36,000 a yearNew contract, August 2025: AED 48,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Safeer Tower 2, and where 214 sits

All 102 studios →

214 last sold in September 2026 at AED 1,486 per sqft, in line with what studios in Safeer Tower 2 were fetching at the time (AED 1,457). Over the last 12 months studios sold for AED 615,000 to 750,000, around AED 1,550 per sqft, and rent for AED 40,000 to 96,000 a year. 214's AED 48,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Jul 2026660,000
11 Jun 2026662,700
5 Jun 2026615,000
8 Jan 2026675,000
13 studio sales in the last 12 months

Safeer Tower 2

Building

178 apartments, studios to 4-bed over 15 floors in Business Bay, completed in 2017 by Alseeb Real Estate Development. 15 sold in the last 12 months.

Typical price per sqft
AED 1,486 Up 13.1%
Typical sale
AED 750K
Typical rent
AED 56K /yr
Typical yield
6.7%
Safeer Tower 2, Business Bay: prices, sales and rents →

Other units on the 2nd floor

All 178 units in Safeer Tower 2
Value
2011-bedAED 527K · Nov 2020
202StudioAED 818K · Feb 2016
203StudioAED 816K · Dec 2015
204StudioAED 814K · Oct 2015
205StudioAED 814K · Dec 2015
206StudioAED 739K · Jul 2015
207StudioAED 640K · Mar 2024
1–7 of 15

214, Safeer Tower 2 in numbers

  • Sold 3 times: first on 10 August 2015 for AED 739,278, last on 1 September 2026 for AED 700,000 (AED 1,486 per sqft).
  • Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 48,000 to AED 36,000 in 2021 and recovered to AED 48,000 by August 2025.
  • At AED 48,000 a year the gross yield on the 2026 price is 6.9%, before a service charge of about AED 7,900 a year (AED 16.87 per sqft).
  • Studios in Safeer Tower 2 sold for AED 615,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 1,486 per sqft.

Source: Dubai Land Department. Updated 1 September 2026.

Questions about 214, Safeer Tower 2

What did unit 214 last sell for?

AED 700,000 on 1 September 2026: AED 1,486 per sqft for 471 sqft. The unit has 3 registered sales; the first was AED 739,278 in August 2015.

What is the rent for unit 214?

AED 48,000 a year on the contract signed on 1 August 2025. The previous contract, from August 2021, was AED 36,000; the unit has been rented since August 2018.

How big is unit 214?

471 sqft (43.8 sqm): a studio on the 2nd floor of a 15-storey tower completed in 2017.

What is unit 214 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Safeer Tower 2 sold for AED 615,000 to 750,000 in the last 12 months, around AED 1,550 per sqft.

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Mortgage on 214, Safeer Tower 2

Starts from the last sale price (AED 700K, 1 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →